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March 11, 2010

Oil Prices Sink as China’s Inflation Climbs

As of 9:02 am EST, the price of crude had fallen by 0.7 percent to reach $81.49 a barrel and the price of heating oil had dropped by 0.5 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: Up $0.02
Morning projection (for Friday’s average price per gallon): Down $0.02
Inflation in China hit a [...]

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March 10, 2010

Oil Inches Up Ahead of EIA Inventory Report

As of 8:48 am EST, the price of crude had increased by 0.1 percent to reach $81.56 a barrel and the price of heating oil had risen by 0.3 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: Down $0.02
Morning projection (for Thursday’s average price per gallon): Down $0.03
News from OPEC and China [...]

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March 9, 2010

Oil Prices Drop on Forecasts of Supply Builds

As of 8:45 am EST, the price of crude had fallen by 1.9 percent to reach $80.34 a barrel and the price of heating oil had decreased by 1.7 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: No Change
Morning projection (for Wednesday’s average price per gallon): Down $0.04
After crude oil hit an [...]

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March 8, 2010

Oil Prices Climb on Signs of Recovery, Weak Dollar

As of 8:53 am EST, the price of crude had risen by 0.3 percent to reach $81.76 a barrel and the price of heating oil had increased by 0.3 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: Up $0.03
Morning projection (for Tuesday’s average price per gallon): Up $0.02
The effect of last Friday’s [...]

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March 5, 2010

Oil Prices Rise on Jobs Report

As of 9:06 am EST, the price of crude had increased by 1.5 percent to reach $81.41 a barrel and the price of heating oil had climbed by 1.1 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: Down $0.02
Morning projection (for Monday’s average price per gallon): Up $0.03
The Labor Department released its [...]

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March 4, 2010

Oil Prices Fall as Dollar Rises

As of 9:04 am EST, the price of crude had declined by 0.2 percent to reach $80.71 a barrel and the price of heating oil had dropped by 0.5 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: Up $0.03
Morning projection (for Friday’s average price per gallon): Down $0.02
Oil markets were unmoved by [...]

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March 3, 2010

Oil Prices Climb on Weak Dollar Ahead of EIA Report

As of 8:56 am EST, the price of crude had increased by 0.8 percent to reach $80.34 a barrel and the price of heating oil had risen by 1.1 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: Up $0.04
Morning projection (for Thursday’s average price per gallon): Up $0.03
A weak dollar pushed oil [...]

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March 2, 2010

Oil Prices Follow Stock Market Gains

As of 9:05 am EST, the price of crude had risen by 0.5 percent to reach $79.09 a barrel and the price of heating oil had increased by 0.6 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: Down $0.01
Morning projection (for Wednesday’s average price per gallon): Up $0.01
The price of crude and [...]

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March 1, 2010

Oil Prices Climb on Dollar, Chile’s Earthquake

As of 9:14 am EST, the price of crude had risen by 0.7 percent to reach $80.23 a barrel and the price of heating oil had increased by 1.2 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: Up $0.04
Morning projection (for Tuesday’s average price per gallon): Up $0.03
Oil prices continued to rally [...]

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February 26, 2010

Oil Prices Rise on Revised GDP Figures

As of 9:18 am EST, the price of crude had increased by 0.8 percent to reach $78.80 a barrel and the price of heating oil had climbed by 0.7 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: Down $0.05
Morning projection (for Monday’s average price per gallon): Up $0.02
The Commerce Department said that [...]

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February 25, 2010

Oil Prices Fall on Strong Dollar, Growing Jobless Claims

As of 8:57 am EST, the price of crude had dropped by 1.5 percent to reach $78.82 a barrel and the price of heating oil had fallen by 1.3 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: Up $0.01
Morning projection (for Friday’s average price per gallon): Down $0.04
Concerns over economic recovery in [...]

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February 24, 2010

Oil Prices Edge Downward Ahead of Inventory Data

As of 8:51 am EST, the price of crude had declined by 0.1 percent to reach $78.80 a barrel and the price of heating oil had dipped by 0.1 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: Down $0.04
Morning projection (for Thursday’s average price per gallon): Down $0.03
There was little change in [...]

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February 23, 2010

Oil Prices Fall on German Economic Worries

As of 8:57 am EST, the price of crude had dropped by 1.5 percent to reach $79.07 a barrel and the price of heating oil had fallen by 1.5 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: Up $0.01
Morning projection (for Wednesday’s average price per gallon): Down $0.04
The price of crude and [...]

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February 22, 2010

Oil Prices Climb on Refinery Strike in France

As of 8:53 am EST, the price of crude had risen by 0.1 percent to reach $79.90 a barrel and the price of heating oil had increased by 0.3 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: Up $0.02
Morning projection (for Tuesday’s average price per gallon): Up $0.02
Workers at Total’s French refineries [...]

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February 19, 2010

Oil Prices Rise on Consumer Price Report

As of 9:11 am EST, the price of crude had climbed by 0.5 percent to reach $79.46 a barrel and the price of heating oil had increased by 0.5 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: Up $0.04
Morning projection (for Monday’s average price per gallon): Up $0.02
Oil markets have fluctuated today [...]

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February 18, 2010

Oil Prices Fall on Jobless Claims, API Data

As of 8:52 am EST, the price of crude had dropped by 0.8 percent to reach $76.68 a barrel and the price of heating oil had declined by 1.1 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: Up $0.01
Morning projection (for Friday’s average price per gallon): Down $0.04
An increase in the number [...]

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February 17, 2010

Oil Prices Fluctuate on Stock Market Gains, Dollar’s Strength

As of 9:06 am EST, the price of crude had increased by 0.1 percent to reach $77.09 a barrel and the price of heating oil had risen by 0.1 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: Up $0.08
Morning projection (for Thursday’s average price per gallon): Down $0.02
Gains in global stock markets [...]

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February 16, 2010

Oil Prices Surge on Strong Euro

As of 9:06 am EST, the price of crude had risen by 2.5 percent to reach $76.01 a barrel and the price of heating oil had climbed by 2.3 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: No Change
Morning projection (for Wednesday’s average price per gallon): Up $0.04
As Europe’s finance ministers worked [...]

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February 15, 2010

Oil Prices Steady as Presidents’ Day, Lunar New Year Close Markets

As of 9:39 am EST, the price of crude had risen by 0.2 percent to reach $74.26 a barrel and the price of heating oil had was unchanged.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: Down $0.04
Morning projection (for Tuesday’s average price per gallon): No Change
With markets closed in the US because [...]

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February 12, 2010

Oil Prices Drop as China Cuts Lending

As of 9:04 am EST, the price of crude had declined by 1.7 percent to reach $74.01 a barrel and the price of heating oil had fallen by 1.4 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: Up $0.01
Morning projection (for Monday’s average price per gallon): Down $0.03
A move by China’s central [...]

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